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Feb 9, 2013
02/13
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WMPT
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. >> several years we have seen the impact of the eu on our economy. on the right of unemployment and social problems. i demanded renegotiation of a certain number of trees in order to control immigration, but also, they prevent france from projecting a certain number. as a result, i understand mr. cameron in his desire for renegotiation, even if the consequences would not be the same for his government and the government that i would eventually lead. >> last month, david cameron of for the u.k. the prospect of an in-out referendum. >> i want to do the same thing as great britain. if i came to power tomorrow, i would decide to organize a referendum within 12 months. i would give myself 12 months to negotiate the most important points with the european union, and at the end of that, i would ask the french people to have their say on the points that we manage to renegotiate any points that the european union refused to negotiate. >> the issue of immigration played a prominent role in last year's election during a campaign which question the nature of fre
. >> several years we have seen the impact of the eu on our economy. on the right of unemployment and social problems. i demanded renegotiation of a certain number of trees in order to control immigration, but also, they prevent france from projecting a certain number. as a result, i understand mr. cameron in his desire for renegotiation, even if the consequences would not be the same for his government and the government that i would eventually lead. >> last month, david cameron of...
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Feb 18, 2013
02/13
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CSPAN
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eye 58
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. >> the prime minister give an update on the eu negotiations on the budget. the prime minister will know that -- which comes from the eu plays an important role for some of the recent assemblies when it comes to attracting inward investment. can he give the house an update on the continuation of regional? >> what i would say to the honorable gentleman is that the outcome of the budget leaves the amount of overall a that britain will be receiving broadly ummer to the last period at around 11 billion euros. to our changes in the definitions of regions, part of because there's this new concept of a transition region that has come in, and so what we now need to do is to sit down as the united kingdom and work out how best to make sure the mony is fairly divided between wales, northern ireland, scotland and england. for our transition regions in england that are looking to benefit but ensure we have discussions and come to good conclusions. >> is my right honorable friend and is the leader of the opposition and the deputy prime minister are both trying to claim cr
. >> the prime minister give an update on the eu negotiations on the budget. the prime minister will know that -- which comes from the eu plays an important role for some of the recent assemblies when it comes to attracting inward investment. can he give the house an update on the continuation of regional? >> what i would say to the honorable gentleman is that the outcome of the budget leaves the amount of overall a that britain will be receiving broadly ummer to the last period at...
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Feb 9, 2013
02/13
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KCSM
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eye 74
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." >> here's what's coming up on the show -- after grueling marathon negotiations, the eu agrees on a budget bill that for the first time sees a cut in spending. >> street battles in tunisia following the funeral of the slain opposition leader chokri belaid. >> millions are in asia heading home to celebrate the year of the snake. for the first time in the history of the european union, the long-term budget will be cut. 27 eu leaders meeting in brussels have agreed to a final budget during a second summit arranged especially to do so. we will go live to brussels for the latest in just a moment. >> that's right -- the drastically reduced seven-year budget is worth 959 billion euros and was hammered out after two days of nearly round-the- clock negotiations and is far less than the just over $1 trillion euros -- and the one trillion euros the commission chancellor angela merkel went into the talks saying she was confident the agreement would be reached. in the end, the 27 member states came up with a compromise that even british prime minister david cameron welcomed as a good deal for br
." >> here's what's coming up on the show -- after grueling marathon negotiations, the eu agrees on a budget bill that for the first time sees a cut in spending. >> street battles in tunisia following the funeral of the slain opposition leader chokri belaid. >> millions are in asia heading home to celebrate the year of the snake. for the first time in the history of the european union, the long-term budget will be cut. 27 eu leaders meeting in brussels have agreed to a...
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Feb 18, 2013
02/13
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CSPAN
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eye 87
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. >> the prime minister gave the house an update on the eu negotiations on the budget, and he will know that regional aid, which comes from the eu, plays an important role for some of the regional assemblies when it comes to attracting inward investment. will he update the house on the continuation of regional aid? >> the outcome of the budget leaves the amount of overall regional aid that britain will receive broadly similar to the last period at around 11 billion. there are changes in the definitions of regions, partly because of the new concept of transition regions. what we now need to do is to sit down, as the united kingdom, and work out how best to make sure that the money is fairly divided between wales, northern ireland, scotland and england. there are transition regions in england that are looking to benefit, but i am sure that we can have fruitful discussions and come to a good conclusion. >> is my right honorable friend amused that the leader of the opposition and the deputy prime minister are both trying to claim credit for his brilliant achievement of a real-terms cut in t
. >> the prime minister gave the house an update on the eu negotiations on the budget, and he will know that regional aid, which comes from the eu, plays an important role for some of the regional assemblies when it comes to attracting inward investment. will he update the house on the continuation of regional aid? >> the outcome of the budget leaves the amount of overall regional aid that britain will receive broadly similar to the last period at around 11 billion. there are...
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131
Feb 8, 2013
02/13
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CNBC
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the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut. arguably, we can walk away and say we got what we asked for. the question is what happens with the eu contributions? do we still walk away with our rebates, too? we are starting to see information filtering through now. the italians on a growth income national basis, they're the highest contributors. they're probably happy with the latest contribution. the dutch are set to lose a third of their rebate. so the question is, in this tit for tat world that we have here in brussels, what would appease them? they have been arguing for cuts to the
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut....
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Feb 7, 2013
02/13
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KCSMMHZ
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. >> british prime minister david cameron wants the eu to mend what he sees as its wasteful ways. he made his point by arriving on foot, not in a chauffeur-driven limousine. he went into the talks in a bullish mood. >> the numbers that were put forward were much too high. they need to come down, and if they do not, a to be a done deal. >> that puts him on a collision course with many other eu leaders who argue the block needs a $1 trillion budget to fight unemployment, fund education and training and invest in the future. >> i of europe goes for compromise at any cost and puts common policies, agriculture, and growth at risk as a result, i will oppose it. >> with opinions so clearly divided, german chancellor angela merkel was keen to play down the differences and talk up the prospects of reaching agreement. >> the starting positions are quite far apart. but speaking for germany, i say we will do everything we can to come to an agreement. because in times of uncertainty and high unemployment, it is essential for people to be able to plan their future. >> it is about politics, not
. >> british prime minister david cameron wants the eu to mend what he sees as its wasteful ways. he made his point by arriving on foot, not in a chauffeur-driven limousine. he went into the talks in a bullish mood. >> the numbers that were put forward were much too high. they need to come down, and if they do not, a to be a done deal. >> that puts him on a collision course with many other eu leaders who argue the block needs a $1 trillion budget to fight unemployment, fund...
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67
Feb 22, 2013
02/13
by
KCSM
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eye 67
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. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also accused merkel of making common cause with europe's foes. >> you've made an unholy alliance with no sense of perspective. and with a leader david cameron who may want to leave the you. it is a strange alliance if your aim is to safeguard europe's future for the days to come. >> strong stuff, but the opposition is the least of merkel's worries. the european parliament
. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe...
859
859
Feb 13, 2013
02/13
by
BBC2
tv
eye 859
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dna testing across the eu. bute, used on horses, but should not be in the human food chain. not be in the human food chain. right across europe, to get to the bottom of this problem. bottom of this problem. marked "beef", and finding it contains horse. contains horse. got this meetinging pulled together at short notice today. at short notice today. come forward with proposelia that is we wanted. is we wanted. products, that will help reassure the consumer. the consumer. informed about what we are all eating. eating. romania is to blame for some of the adulterated meat products. adulterated meat products. confidence about how horsemeat is produced in his country. produced in his country. everything was according to the standards. standards. companies involved, and to rebuild the trust of the european consumers. the trust of the european consumers. the european system clearly isn't working? working? that means that the european procedures have worked. procedures have worked. that there are frauds in many other issues, not only in in this field. issues, not only in in this field. procedu
dna testing across the eu. bute, used on horses, but should not be in the human food chain. not be in the human food chain. right across europe, to get to the bottom of this problem. bottom of this problem. marked "beef", and finding it contains horse. contains horse. got this meetinging pulled together at short notice today. at short notice today. come forward with proposelia that is we wanted. is we wanted. products, that will help reassure the consumer. the consumer. informed about...
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68
Feb 5, 2013
02/13
by
KCSMMHZ
tv
eye 68
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in germany, citizens remain up in arms about the prospect of having to bail out failed banks and eu governments for perhaps years to come. they are still asking why no charges have been brought in the interest rate fixing scandal among top level banks. >> now, the german finance minister is set to present proposals to address that anger that will include a tightening of banking regulations. germany is not the only european country planning new laws against the reckless bankers that cost taxpayers billions. >> and number of european governments are drawing up new measures to prevent big banks from passing on the costs of high risk trading to taxpayers. in germany, a new draft law is due to be presented to the cabinet on wednesday. the proposed law would require major banks to separate their retail and investment banking. it also outlines plans for restructuring and liquidation in the event of a crisis, and bank executives are engaged -- who engage in reckless behavior could face up to five years in prison, and britain is also bound to pressure to rein in the excesses' of the system in the wake o
in germany, citizens remain up in arms about the prospect of having to bail out failed banks and eu governments for perhaps years to come. they are still asking why no charges have been brought in the interest rate fixing scandal among top level banks. >> now, the german finance minister is set to present proposals to address that anger that will include a tightening of banking regulations. germany is not the only european country planning new laws against the reckless bankers that cost...
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60
Feb 19, 2013
02/13
by
KCSMMHZ
tv
eye 60
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german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term challenge. >> the german parliament is expected to approve the changes to the mandates for the german forces. both will expire in one year's time. despite this, though, berlin knows its troops could be in for the long haul. >> germany's constitutional court has eased restrictions on same-sex couples adopting children. the justices ruled that one member of a civil partnership should be able to adopt their partners stepchild or adopted child. >> as the case with heterosexual married couples as well. until now, they could only adopt a partner's biological child. >> this is the steinbeck family. kim was adopted. miles is vera's biological child. that allowed him to be adopted, but not his sister. now judges said that discrepancy violates the constitution. >> the fact that the civil partner is a homosexual is no reason for different rulings on adoption. couples in a long-te
german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term challenge. >> the german parliament is expected to approve the changes to the mandates for the german forces. both will expire in one year's time. despite this, though, berlin knows its troops could be in for the long haul. >> germany's constitutional court...
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Feb 12, 2013
02/13
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CSPAN
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referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget deal makes the case for britain staying in europe stronger? >> i would say that the reaction that i have had to the speech i made a few weeks ago has been, on the whole, fairly positive, because people can see that it is not some simplistic argument about an immediate referendum -- it is a well-argued case, i would say, for how europe should reform and how we should secure britain's place within it. these discussions show that britain can get good deals done with partners in europe having made a speech on that subject. i think that actua
referendum or an eu budget cut? >> i am very grateful to my honorable friend for his support. it is absolutely right to say that the british parliament speaks clearly about these issues and is listened to carefully in the corridors of brussels. that is true. we should always respect the fact that it is to this parliament that prime ministers have to answer. >> what did other leaders say to the prime minister in the margins about a british referendum? does he believe that this budget...
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119
Feb 2, 2013
02/13
by
KCSMMHZ
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. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are another weapon in the country's n
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better...
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78
Feb 1, 2013
02/13
by
LINKTV
tv
eye 78
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. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are another weapon in the country's n
. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better...
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197
Feb 19, 2013
02/13
by
CNBC
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eye 197
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. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens whe
. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all...
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60
Feb 25, 2013
02/13
by
KCSMMHZ
tv
eye 60
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its economic growth has been dwarfing the eu's recently. >> who needs who more? >> they have become an important trading partner and that is increasingly clear on the streets of istanbul. >> the name may be hard to pronounce, but that does not stop them at this german shoe store from snapping up the products. turkey is a lucrative market for german retailers. they have 80 stores across the market. the manager who grew up in germany says he is not surprised. turkey has a lot to offer. >> we have political and economic stability and a young population. the average age here is 28. people like to shop and they're very fashion-conscious. >> from coffee to electronics, the big german retailers are now in shopping malls, yet when it comes to their bid to join the european union, germany remains reluctant. they doubt they will ever become members. >> the eu was going through a crisis which will make it even harder for turkey to get membership. are not very helpful. >> it is not turkey that needs europe. europe needs turkey. they should accept us as members. >> survey sho
its economic growth has been dwarfing the eu's recently. >> who needs who more? >> they have become an important trading partner and that is increasingly clear on the streets of istanbul. >> the name may be hard to pronounce, but that does not stop them at this german shoe store from snapping up the products. turkey is a lucrative market for german retailers. they have 80 stores across the market. the manager who grew up in germany says he is not surprised. turkey has a lot to...
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Feb 22, 2013
02/13
by
KCSMMHZ
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eye 70
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like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german businesses think the future is looking up. the business confidence index has gone up again in february. >> it is the fourth month in a row that the index has risen. it is at its highest level in nearly a year. and to service thousands of german companies about the prospects every month. >> german carmaker volkswagen made record-breaking profits but still sees a bumpy road ahead. they took in almost 32 billion euros last year, more than ever before. >> revenues from vw subsidiary portion did particularly well, but the ceo said that the company expected a tough year in 2013, especially because of instability in southern and western europe. >> onto friday's market action now, and german blue chips rebounded on the final trading day of the week. the surprisingly strong ifo index prompted many traders to jump back into the market. our correspondence sent us this summary. >> good is often not good enough. vw presented stellar results and a the highest profits
like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german businesses think the future is looking up. the business confidence index has gone up again in february. >> it is the fourth month in a row that the index has risen. it is at its highest level in nearly a year. and to service thousands of german companies about the prospects every month. >> german carmaker volkswagen made record-breaking profits...
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158
Feb 26, 2013
02/13
by
KCSM
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eye 158
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as country in the eu, the german role is very important here. why not 2023, for example, the 100's anniversary of the turkish republic. >> the turkish economy remains robust and is forecasted to grow by 3% this year. the more they prosper, the more they're beginning to fear that perhaps they do not need europe after all. even without the membership, more than 4000 german companies are involved in turkey. germany is their largest trading partner by far. berlin's restrictive visa policies are a hassle. >> first of all, we need an official invitation before we can come. then we need to prove salary, but the flight tickets. it's very time-consuming. a reform of the business visa is long overdue. >> business may be booming but complete harmony is still a distant dream. >> coming up after the break, a closer look a conflict in syria. >> and who does not love the oscars? the european angle is next. >> the syrian government say they are ready to hold talks with armed opposition groups.pte announcement in moscow ahead of talks with officials. >> we do no
as country in the eu, the german role is very important here. why not 2023, for example, the 100's anniversary of the turkish republic. >> the turkish economy remains robust and is forecasted to grow by 3% this year. the more they prosper, the more they're beginning to fear that perhaps they do not need europe after all. even without the membership, more than 4000 german companies are involved in turkey. germany is their largest trading partner by far. berlin's restrictive visa policies...
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83
Feb 8, 2013
02/13
by
KQED
tv
eye 83
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the fight over how much the eu spins and on what continues -- the fight over how much the eu spends and done what continues. >> a shocking discovery ford u.k. consumers. a brand of ready-made lasagna contained horse meat rather than beef. the manufacturers withdrew it on monday but say they do not believe there is not a -- they do not believe there is a safety problem. the eating of horse meat is quite a taboo. a member of the u.s. commerce community faces a long prison sentence for his role in a series of attacks in which victims hair and beards were forcibly cut off -- a member of the u.s. amish community. he and 15 members of his breakaway group were found guilty of five hate crimes in the american state of ohio. heavy snowfall started in the northeast of the united states. it is the beginning of what is predicted to be a massive, even historic, a blizzard. people have been stocking up on food and other supplies ahead of the storm, which is poised to dump up to a meter of snow from new york city to boston and beyond. the parents of a teenage girl shot dead days after appearing at pre
the fight over how much the eu spins and on what continues -- the fight over how much the eu spends and done what continues. >> a shocking discovery ford u.k. consumers. a brand of ready-made lasagna contained horse meat rather than beef. the manufacturers withdrew it on monday but say they do not believe there is not a -- they do not believe there is a safety problem. the eating of horse meat is quite a taboo. a member of the u.s. commerce community faces a long prison sentence for his...
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86
Feb 28, 2013
02/13
by
KCSMMHZ
tv
eye 86
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france, right all eu countries, is in a crisis and needs new markets. >> is another of hollande -- that is another of hollande's priorities on this visit. >> in germany, the man who wants to replace angela merkel as chancellor in september is in hot water over italy's e -- election. >> he spoke of the near winners as clowns. one of them, beppe grillo, is a comedian, so he might not be that defended -- offended. >> the other is silvio berlusconi. he is a two-time former prime minister. >> the italian president's state visit to germany has been overshadowed by the diplomatic incident created by peer steinbrueck. italy and germany would continue to work together, despite occasional irritations. >tuesday, peer steinbrueck referred to a delete's former prime minister -- to italy's former prime minister as a clown. >> when one talks about things concerning another friendly, allied country, and about the result of a free election, one must be well balanced in his choice of words. >> he would not be drawn into the matter. >> i do not wish to comment. some statements are sufficient in themselves
france, right all eu countries, is in a crisis and needs new markets. >> is another of hollande -- that is another of hollande's priorities on this visit. >> in germany, the man who wants to replace angela merkel as chancellor in september is in hot water over italy's e -- election. >> he spoke of the near winners as clowns. one of them, beppe grillo, is a comedian, so he might not be that defended -- offended. >> the other is silvio berlusconi. he is a two-time former...
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172
Feb 28, 2013
02/13
by
CNBC
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eye 172
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it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip with the european union. this seems like one area where it comes into focus. >> and it still has to be officially signed off. but at the moment, that's what's laid out. >> i just wonder if mayor bloomberg in new york is going, yeah, go ahead, guys. guys, if you want your bonus, you can come right over here. >> they're all looking at this thinking, this is good for pus. >> the other story we're following this morning is the sequester. fitch has said it could prompt negative ratings action. not because of the sequester itself necessarily, but because of the politics and the way it was handled. head to cnbc.com to rea
it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip...
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188
Feb 8, 2013
02/13
by
CSPAN2
tv
eye 188
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quote 1
the present system to finance the eu is the most unjust and unfair that there is. five of the richest countries pay relatively less than the 10 poorest ones. they are all new member states. parliament has proposed an overall reform based on new owned resources, and we are pleased what you have to say about that. france will fight. it accepts the principle. but you said the limitation is going to fight to put a seating on his own contribution which means of course making this tougher and more expensive for the poorest countries. the alchemist in the council might end up with some way of reducing, reducing the next seven years cohesion for expenditures for hunters like greece, portugal, spain, hungary. these countries need europe now more than ever before. they are suffering more than ever before. they have make more sacrifices than ever before and now we're deciding to help them even less. and, of course, they didn't have the political means to stand up and defend themselves. mr. president, going along with a compromise on such a basis is saying that you want a euro
the present system to finance the eu is the most unjust and unfair that there is. five of the richest countries pay relatively less than the 10 poorest ones. they are all new member states. parliament has proposed an overall reform based on new owned resources, and we are pleased what you have to say about that. france will fight. it accepts the principle. but you said the limitation is going to fight to put a seating on his own contribution which means of course making this tougher and more...
90
90
Feb 27, 2013
02/13
by
KCSM
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. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just have common values. we also face common tasks. >> a number of these challenges were discussed at an earlier meeting with kerry's german counterpart. first and foremost, the plans for a new free trade deal between the u.s. and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overco
. >> the agenda for his talks today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the...
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Feb 26, 2013
02/13
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KCSMMHZ
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the eu is currently working on plans to limit banker bonuses. it would be a historic first. a swiss politician also launched an initiative a few years ago. he was fed up with the high bonuses paid to managers in switzerland's top companies. now swiss voters will decide if stockholders of companies will be able to determine how much money managers get. >> if -- is thomas a modern-day william tell or simply obsessed with revenge? for months, the 49-year-old businessman has been promoting his initiative to tighten controls on executive compensation with countless speeches, debates, and interviews. 16 hours a day he is in the fight of his life. >> the debate in assembly's committee, blocks have been phenomenal. it is a real pleasure to have the swiss system of direct democracy and to use it as an individual. >> it began in 2001 when swiss air was grounded. for the swiss, the bankruptcy of their debt-ridden national carrier was traumatic. in the company's last ceo -- then the company's last ceo took home some 10 million euros. this mouthwash company was also on the verge of ruin
the eu is currently working on plans to limit banker bonuses. it would be a historic first. a swiss politician also launched an initiative a few years ago. he was fed up with the high bonuses paid to managers in switzerland's top companies. now swiss voters will decide if stockholders of companies will be able to determine how much money managers get. >> if -- is thomas a modern-day william tell or simply obsessed with revenge? for months, the 49-year-old businessman has been promoting...
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Feb 22, 2013
02/13
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we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circums
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back...
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Feb 22, 2013
02/13
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they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market has absorbed that switch. >> giving you their analysis of those signs in a moment. but first, let's focus on the price action we have heading into the weekend. bob pisani has that. >> remember we started falling apart when we had the fed minutes at 2:00 p.m. wednesday. that's when the market changed and it changed around when bullard said they would stay for a long time. i think bernanke will imply that next week in his testimony. take a look at the dow. this is what you saw throughout january into february, up until wednesday. slow melt up into the afternoon again. starting to get close to the hi
they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market...
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Feb 18, 2013
02/13
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CNBC
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most eu countries including eu and france support bonus curves holing banks to a one to one bonuses salary ratio. the newspaper says the uk has suggested an alternative proposal that bans cash bonuses exceeding salaries. but still, a pretty extraordinary development as it moves forward the. >> yeah. meanwhile, being a part of europe, for most britains, a new poll reveals that only one in three british citizens would vote to stay in the eu. the conservative ruling british government last night promised to hold a referendum on the matter in 2017. and the troubles amounting to the spanish flagship airline iberia is likely to cause widespread chaos and cost the airline millions. the strike begins tonight. 70,000 passengers are likely to be affected, piling further pressure on the nation's already struggling tourist industry. iberia report a loss of 25 2 million euros during the first nine months of 2012. >>> francesca is still with us. we want to get your thoughts on a km of themes here. i know we've been talking about the eu, we've did you discussed how you see the euro special being a headwi
most eu countries including eu and france support bonus curves holing banks to a one to one bonuses salary ratio. the newspaper says the uk has suggested an alternative proposal that bans cash bonuses exceeding salaries. but still, a pretty extraordinary development as it moves forward the. >> yeah. meanwhile, being a part of europe, for most britains, a new poll reveals that only one in three british citizens would vote to stay in the eu. the conservative ruling british government last...
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Feb 26, 2013
02/13
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LINKTV
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possible italian and ability to pay off the interest on the bed and italy having to ask for a bailout the eu and eurozone have to -- cannot afford. but we are still a ways from that. we are not seeing the interest that we saw at the end of the berlusconi era. the markets -- the markets are cautious but as soon as there is some idea what will happen politically, the better. >> live in rome. the uncertainty in italy has worried eurozone politicians who had been pleased about the cuts and tax rises mario monti's government put into place to control the country's economy. >> it is not my role to comment or put myself in the place of italian electors. we need a strong italy, european italy. and italy that is reforming itself and taking its rightful place in the orchestra of change your europe needs. >> it is important that italy not only in the interest of italy but in the interests of all europe will soon form a stable and functioning government. it is important for italy and because italy is such an important country in europe, olive europe that a stable and functioning government is formed. r
possible italian and ability to pay off the interest on the bed and italy having to ask for a bailout the eu and eurozone have to -- cannot afford. but we are still a ways from that. we are not seeing the interest that we saw at the end of the berlusconi era. the markets -- the markets are cautious but as soon as there is some idea what will happen politically, the better. >> live in rome. the uncertainty in italy has worried eurozone politicians who had been pleased about the cuts and...
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Feb 5, 2013
02/13
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we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have i
we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good...
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Feb 26, 2013
02/13
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FBC
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we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could start friday or to protect the economy against europe? what's he going to do? is he going to keep printing money or not? we'll be here right at ten o'clock to find out exactly what he's going to do. it will affect the market. all right, next, we're following up on the big story, the big stock selloff and ask, why do the italians have such a big impact on our money and plus, the governor of kansas, we'll ask sam brownback his push to eliminate the income tax. and i've got good news on housing, too. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.
we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could...
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Feb 8, 2013
02/13
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KICU
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with the eu summit happening, is the risk back on? > > you know, the market itself, in levels, is really in consolidation. the euro currency had a big sell-off yesterday, and everybody wants to blame it on what the new policy is. how since the euro currency was up 9%, that it was entitled to a .75% sell-off. i think you want to be looking to short the euro and short europe. that is where i would be looking to trade. > todd, good to have you on the show this morning. we have more on europe coming up in the show. > > have a great day. it may be called the chicago auto show, but this year it's become "year of the truck." as our cover story explains, the reason is the rebound that's beginning to happen in the housing market. ram trucks highlighted its eight-speed and 25 miles per gallon on the highway pickup, as well as its truck-based new entry into the commercial van market. why so many brawny vehicles? "the housing market is getting better and sales are directly tied to housing starts." "if housing goes up, the construction guys will n
with the eu summit happening, is the risk back on? > > you know, the market itself, in levels, is really in consolidation. the euro currency had a big sell-off yesterday, and everybody wants to blame it on what the new policy is. how since the euro currency was up 9%, that it was entitled to a .75% sell-off. i think you want to be looking to short the euro and short europe. that is where i would be looking to trade. > todd, good to have you on the show this morning. we have more on...
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Feb 14, 2013
02/13
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the eu -- not eu. i keep saying eu. eurozone, sorry, my apologies, fourth quarter gdp number minus 0.6%, points to about an annual contraction of around 0.5% if my numbers are right. portuguese annual quality around 1.8% quarter on quarter. 1.9% in the third quarter. the year on year, 3.8%. again, that is worse than expected. >> well, because, again, to annualize these figures, and this is what i'm used to looking.1.8% on the quarter points to something like 6.7% annualized pace. it's a really deep decline. >> meanwhile, did we mention this? greece's economy, unemployment rate sitting 27% as of november. >>> so with those numbers, let's get out to jens nordic. we are just seeing euro/dollar to 1.3340. we hit a little weaker than this, 1.3 25, somewhere around there. where -- and dollar index is at a one-month high. do these gdp numbers matter for the future direction of the euro? because a lot of people are pointed to do pmi and the ifo signaling the worst is behind us. >> i think they actually do matter. i think we're
the eu -- not eu. i keep saying eu. eurozone, sorry, my apologies, fourth quarter gdp number minus 0.6%, points to about an annual contraction of around 0.5% if my numbers are right. portuguese annual quality around 1.8% quarter on quarter. 1.9% in the third quarter. the year on year, 3.8%. again, that is worse than expected. >> well, because, again, to annualize these figures, and this is what i'm used to looking.1.8% on the quarter points to something like 6.7% annualized pace. it's a...
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Feb 12, 2013
02/13
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the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea...
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Feb 19, 2013
02/13
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but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian members elected, male and female. and i think you will continue to see that. you know, speak who else? >> well, you have, i think there are several -- you one who is a korean and i think we have one korean-american come and i think you will see more going forward because you've got a lot of asian-americans who are mayors, you know, in major cities. and i think that the answer is i think it would be very helpful to have more asians, americans as members of congress. and, of course, you had a governor who is now ambassador, whose or secretary of commerce,
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian...
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Feb 14, 2013
02/13
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they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties. they are worried about treaty protection. also, the big and run that is being talked about at the eu is that traders that assess this tax and do the trades outside that zone, those companies will not be allowed to do any trade transactions with those 11 countries whatsoever. this is serious breaking news for investors all over the world. connell: this would hit regular investors. liz: yes, if they have international investors. this would be collected from investors around the world. it is basically an overreach. that is what they are upset about. they are
they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties....
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Feb 18, 2013
02/13
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CSPAN2
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but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian members elected, male and female. and i think you will continue to see that. you
but they are an active member of the eu. she wants to keep them in. >> time is getting a little tight so let's go to questions very quickly. right here and then right over here. >> if you would, enhance economic opportunities in asia, more asian members of congress. >> that's an interesting thought. of course, you had some very senior members of congress, in fact the senior senator just died, senator inouye, wh who had tremendous clip it and you're seeing more and more asian...
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Feb 4, 2013
02/13
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we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the crisis, a far cry yet for spain, but the latest refinancing operation in the various eurozone countries, including at the short end of the range for spain looks like a bit of relief. no relief in terms of the actual solving of the problems, but we'll hear none of that tonight. >> as we've learned, that's often the case with these situations. sylvia, thanks very much for that. tina fordham is still with us. from your point of view, how important is today's meeting? how important b
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've...
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Feb 26, 2013
02/13
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take out of yesterday's market action is that we're going to see a lot of language coming out of the eu over the next couple of months until this is settled that will have italy saying we're going to repudiate the policies you've seen and you'll have ben draghi and merkel coming in and saying we're getting tougher. so, the markets are in trouble. >> more back-and-forth volatility. >> but the issues are youaustey stair you atarity here and there. >> our thanks to steve liesman as always, and we're back in two minutes. >>> the nasdaq at its lowest level in more than a month. should you be buying the dip there? and home prices post their biggest gain since 2006. we're tackling the housing trade when the "half" comes back. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our i
take out of yesterday's market action is that we're going to see a lot of language coming out of the eu over the next couple of months until this is settled that will have italy saying we're going to repudiate the policies you've seen and you'll have ben draghi and merkel coming in and saying we're getting tougher. so, the markets are in trouble. >> more back-and-forth volatility. >> but the issues are youaustey stair you atarity here and there. >> our thanks to steve liesman...